Campus Activewear Limited — PPTs, 13-08-2025: Investor Presentation

**Financial Highlights:**

Q1 FY26 revenue grew 1.2% YoY to INR 343.3 Cr. EBITDA rose 2.5% YoY to INR 55.4 Cr (15.9% margin), while PAT dipped 12.6% to INR 22.2 Cr (6.4% margin). Volume decreased 11.6% but Average Selling Price (ASP) jumped 14.5% to INR 671, signaling premiumization. Gross margin improved to 55.4%. The company boasts a net cash position and Return on Capital Employed (ROCE) of 20.6%.

**Strategic Initiatives & Growth Drivers:**

Focus remains on product diversification into allied categories and premiumization. The company aims to strengthen its omni-channel reach, expand in Western & Southern India, and target women & kids segments. Key strengths include 50+ new designs this quarter, integrated manufacturing with 33.9mn pair capacity, and a data-driven sales approach.

**Business Developments:**

Direct-to-Consumer (D2C) channels now represent 44.4% of Q1 revenue, highlighting direct engagement success. The retail network expanded to over 27,300 touchpoints across 650+ cities, complemented by 290+ Exclusive Brand Outlets (EBOs). Recent marketing campaigns, like 'AIR CAPSULE PRO', boosted brand recall among target audiences.

**Market Position & Competitive Advantage:**

As India's leading Sports & Athleisure (S&A) footwear brand, Campus is capitalizing on an underpenetrated market driven by rising health consciousness and disposable incomes. Its wide product portfolio covers over 85% of the S&A market across price segments, affirming strong market positioning.

**Investor Implications:**

The shift towards premiumization is enhancing ASPs and gross margins, a positive sign. Robust D2C growth and strategic market expansion plans indicate potential for continued top-line growth. Strong financial health with net cash and healthy ROCE further reinforces its long-term outlook.